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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Broad Close, Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 798 ft2 of internal area and sits on a 270 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Broad Close, Wells is £308,559 and the estimated rental value is £1,244 per month.
Broad Close, Wells, BA5 is located within the BA5 postal district.
7, Broad Close, Wells has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Broad Close, Wells is in very good condition we estimate a sale value of £323,987 and a rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,960 and a rental value of £1,157 per month.
Over the last 12 months the sale value of 7 Broad Close Wells has decreased by an estimated £4,555 (1.5%) and its rental value has increased by an estimated £44 per month (3.5%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 7, Broad Close, Wells sits on a plot of 270m2.
We have plot size data on 5 out of 11 other houses in the postcode and 7, Broad Close, Wells sits on the 3rd largest plot.
According to HM Land Registry, 7, Broad Close, Wells was last sold on 20th September 2007 for £168,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 48.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Broad Close, Wells within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 34, Bekynton Avenue, Wells, BA5 3NG, a freehold house which sold for £260,000 on the 20th December 2023.
Read more about house prices in BA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Close, Wells, BA5 has a total of 11 addresses. According to our analysis of all the public data, 7, Broad Close, Wells is the largest and the most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in BA5.
The closest station to 7, Broad Close, Wells is Castle Cary station which is 14.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Broad Close, Wells, 58.9% of property is privately owned outright and 25.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Broad Close, Wells, 15.5% of residents are recorded as possessing school level qualifications and 41.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Broad Close, Wells, the average age was 46.2 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Broad Close, Wells, 0.9% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Broad Close, Wells, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
